### Expected dollar cash flows of livingston

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Livingston Co. has a subsidiary in Korea. The subsidiary reinvests half of its net cash flows into operations and remits half to the parent. Livingston's expected cash flows from domestic business are \$100,000 and the Korean subsidiary is expected to generate 100 million Korean won at the end of the year. The expected value of won is \$.0012. What are the expected dollar cash flows of Livingston Co.?

a. \$100,000

b. \$200,000

c. \$160,000

d. \$60,000

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